XYZ Insurance offers an annuity with 5 9 APR for the next ten years You decide to invest 100 each quarter into this account What

Question

XYZ Insurance offers an annuity with 5 9 APR for the next ten years You decide to invest 100 each quarter into this account What type of annuity is this OA Recurring payment fixed annuity OB Single payment variable annuity C Recurring payment variable annuity D Single payment fixed annuity

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